Oil & Gas – Houston Public Media

Energy & Environment

Weekly Oil And Gas Update: Winter Storm Helps Boost Texas Oil To More Than $60 Per Barrel

Posted on February 24, 2021 · As Houstonians faced freezing temperatures and widespread power outages last week, the frigid weather also limited oil and gas production in the state. As output starts to stabilize this week, West Texas Crude is trading around $63 dollars a barrel.

Energy & Environment

Texans face skyrocketing home energy bills as the state exports more natural gas than ever

Posted on July 5, 2022 · The cost of electricity in Texas is tightly tied to the price of natural gas, which has more than doubled since Russia invaded Ukraine in late February.

Energy & Environment

Fire at LNG terminal in Freeport jolts residents, fuel markets

Posted on June 10, 2022 · Freeport LNG will be offline for at least three weeks following a fire in its export facility this week.

Energy & Environment

ExxonMobil joins business exodus from Russia after decades of close ties

Posted on March 2, 2022 · The American oil and gas giant is "beginning the process to discontinue operations" at the Sakhalin-1 project off Russia's eastern coast. The company also says it won't make new investments in Russia.

Energy & Environment

Big Oil has operated in Russia for decades, but many companies are cutting ties in protest of the Ukraine invasion

Posted on March 1, 2022 · Due to the invasion of Ukraine, BP said it will abandon its share in Russian oil company Rosneft, while Shell announced it's ending projects with Gazprom, the majority state-owned natural gas company. Experts say that's putting pressure on Houston-based Exxon Mobil to make a similar decision.

Tag: Oil & Gas

Energy & Environment

Weekly Oil And Gas Update: Winter Storm Helps Boost Texas Oil To More Than $60 Per Barrel

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